Dr. Laura Mattia, Cited By CNBC On ‘often overlooked’ Retirement Tax Savings Options

Laura Mattia of Atlas FIduciary Financial, was cited by CNBC reporter Kate Dore, CFP®. The article titled “An ‘often overlooked’ retirement savings option can lower your tax bill, advisor says. Here’s how it works” was published Tuesday on the CNBC website, below Laura discusses Tax savings issues with Kate Dore.,

“While spousal IRA contributions make sense for some couples, there are other factors to consider before making deposits, said CFP Laura Mattia, CEO of Atlas Fiduciary Financial in Sarasota, Florida.

For example, some couples need the extra cash for living expenses or shorter-term goals, like paying for a wedding, she said.

Plus, too much pretax retirement savings could create a “tax problem” in the future, depending on the size of your accounts and future required minimum distributions, Mattia said. Pretax withdrawals boost income, which can affect Medicare Part B and Part D premiums, among other consequences.

“It’s a puzzle and really depends on a lot of things,” she added.”


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An ‘often overlooked’ retirement savings option can lower your tax bill, advisor says. Here’s how it works